Rumble boss says he 'departed' from Europe after Telegram CEO arrest
Rumble founder and CEO Chris Pavlovski says he “departed from Europe” after French police arrested Telegram’s CEO and the country “threatened” the video-sharing site.
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All you can eat: SushiSwap deploys contracts on five new networks
Top decentralized exchanges are exploring alternatives to Ethereum amid high gas prices, with SushiSwap porting its platform onto five additional networks. 2553 Total views 25 Total shares Major DeFi protocols are moving to cultivate a multi-chain decentralized finance ecosystem, with SushiSwap deploying its contracts on five networks, and Balancer announcing ports onto Moonbeam and Polkadot. On…
Mass adoption may take crypto toward centralization
This is the year cryptocurrency finally starts to break into the mainstream. From Elon Musk and Tesla investing in and accepting Bitcoin (BTC) to the recent nonfungible token craze, the days of blockchain tech being the domain of cypherpunks and coders are behind us.Still, the technology has not quite advanced to the stage where the…
High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. 582 Total views 13 Total shares Stablecoins have never had more buying power than now, this could bode well for the next bull run.Glassnode keeps track of the Stablecoin Supply…
Bitcoin Bottomed in ‘Final Capitulation’ but $5K Dip Likely: Tone Vays
Bitcoin (BTC) likely bottomed when it hit $3,700 this week but will likely dive below $5,000 one more time, says Tone Vays.In the latest edition of his Trading Bitcoin YouTube series on March 13, the veteran trader described the week of mayhem for Bitcoin which culminated in 60% daily losses as the capitulation he’s been…
SEC sends reparations to BitClave ICO investors
The payment is part of a settlement BitClave agreed to pay in 2020 after the SEC charged the search engine for failing to register as a securities offering.
Report: Coinbase Negotiates Acquisition of Xapo’s Bitcoin Custody Business
American major cryptocurrency exchange Coinbase is reportedly negotiating the acquisition of the bitcoin (BTC) custody business of cryptocurrency wallet provider Xapo, technology-focused media outlet the Block reported on May 16.Sources familiar with the matter reportedly told the Block that Coinbase has been vying with the digital currency wing of United States financial services giant Fidelity,…
Fed Chair says stablecoins need stricter regulation, speaks on CBDC
He stated that stablecoins need stricter regulations if they are to be part of the payment universe. 418 Total views 7 Total shares Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should face stricter regulations similar to money market funds or bank deposits. Powell was asked specifically about Tether, currently the most…
Tether market cap eyes record high after regaining 65% stablecoin dominance
Tether (USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S.On April 17, the U.S. dollar-pegged stablecoin's circulating market valuation reached nearly $81 billion, just 1.5% below its record high of $82.29 billion from a year ago. It has grown about 20% year-to-date (YTD) already and is…